ADVFN US – Market Content Editor
-
Interest Rate Concerns May Continue To Weigh On Wall Street
US Market The major U.S. index futures are currently pointing to a notably lower open on Thursday, with stocks likely to extend the sell-off seen late in the previous session. Concerns about the outlook for interest rates may continue to weigh on Wall Street following the Federal Reserve’s monetary policy announcement on Wednesday. While the…
-
Thursday’s Wall Street Highlights: FedEx, Broadcom, Nio, Klaviyo, Starbucks, and more
US Index Futures are down in pre-market trading on Thursday, reflecting the statement from the monetary authority one day after the Federal Reserve kept the interest rate in the United States unchanged. At 7:04 AM, Dow Jones futures (DOWI:DJI) fell 163 points, or 0.47%. S&P 500 futures were down 0.65% and Nasdaq-100 futures were down 0.88%. The…
-
North American Morning Briefing: The Post-Fed Selloff Continues
Market Wraps Watch For: Weekly Jobless Claims; Existing Home Sales for August; Leading Indicators for August; Canada New Housing Price Index; FedEx annual meeting Today’s Top Headlines/Must Reads: – Higher Interest Rates Not Just for Longer, but Maybe Forever – How U.S. Households Got Turned Upside Down by Higher Interest Rates – UAW Urges Automakers…
-
US Futures, European Stocks Down as Markets Await BOE Decision
In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.7% in morning trading. JD Sports Fashion rose 6.2% and Next added 1.7%. On the…
-
Top Company News of the Day: Toshiba, Apple, FedEx, Ford
Toshiba Shareholders Approve $13.5 Billion Deal to Take Company Private The Japanese industrial conglomerate’s stock is expected to be delisted after almost 80% of shareholders agreed to a private-equity firm’s tender offer. Inside Apple’s Spectacular Failure to Build a Key Part for Its New iPhones The company set out to design a silicon chip that…
-
U.S. Stocks Move Sharply Lower Amid Renewed Interest Rate Concerns
With renewed concerns about the outlook for interest rates weighing on the markets, stocks moved mostly lower over the course of the trading session on Wednesday. The major averages spent much of the session on opposite sides of the unchanged but all came under pressure late in the trading day. The tech-heavy Nasdaq led the…
-
Fed Keeps Interest Rates Unchanged And Raises GDP Forecast
The Federal Open Market Committee (FOMC) of the Federal Reserve kept the United States’ basic interest rate unchanged in the range between 5.25% and 5.50% this Wednesday, in line with market consensus. In the statement released alongside the decision, the FOMC mentioned that by maintaining the Fed Funds target rate unchanged in this afternoon’s decision,…
-
Crypto This Wednesday: Ledger Controversy Over Keys; Stanford May Return FTX Donations, and More
Grayscale abandons post-merger Ethereum PoW tokens and explores new opportunities with Ethereum and Bitcoin ETFs Cryptocurrency investment firm Grayscale has decided to relinquish rights to proof-of-work (PoW) post-merger Ethereum tokens (ETHPoW) on September 18. The decision came after finding that these tokens did not reach relevant liquidity and the lack of support from custodians. The company took six…
-
Keep An Eye Out: Pre-Market Movers And Recommendations
On Wednesday, U.S. futures showed slight gains as investors anxiously awaited the Federal Reserve’s imminent interest rate decision and economic update. Here are some notable movers in the premarket U.S. stock scene today: Don’t Trade Without Seeing The Orderbook Instacart (NASDAQ:CART) shares slipped 3.2%, retracing a portion of the 12% surge seen on its inaugural…
-
Wednesday’s Wall Street Highlights: Amazon, Dollar General, Oracle, Ford, nCino, and more
US index futures are higher in pre-market trading on Wednesday, the most anticipated day of the week, when the Federal Reserve will release its monetary policy decision. At 7:19 AM, Dow Jones futures (DOWI:DJI) rose by 79 points, or 0.23%. S&P 500 futures also increased by 0.23%, and Nasdaq-100 futures were up by 0.21%. The…